Resources Page – My Favorite Resources & Tools for Cryptocurrency Trading & Investing

This page contains all the best must-have resources for buying, trading, researching, cashing out cryptocurrency and bitcoin. Enjoy!

These will be updated whenever I find something better, I use everything in this list daily.

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CoinMarketCap – this site is the best way to quickly check the current value of your coins, and lists all the relevant info such as price, market cap, 7 days trend, 24hr movement and much more. It’s free to use and they also have an app. Link to site: https://www.coinmarketcap.com/

Coinbase – this is where you can buy Bitcoin, Litecoin, Ethereum & Bitcoin Cash. It is the most popular and simple exchange in the world, and the place where most people buy their first ever cryptocurrency (me included). Link here: www.Coinbase.com Note if you use this link you will also get $10 free bitcoin with your first deposit.

Binance – One of the worlds biggest Cryptocurrency Exchanges, for intermediate to advanced traders. Here you can trade cryptocurrency across over 100 currency pairs, including across Bitcoin, Etherereum, USDT and BNB (Binance Coin). https://www.binance.com

KuCoin – A relatively new Exchange which has quickly grown to 500,000 active users, it’s primary benefits over other larger exchanges is that they have very low fees and are usually always the first to list new coins. It’s a decentralised exchange that also have their own coin called KuShares, which distributes 70% of trading fees collected to holders of KuShares. They also have one of the most visually appealing user interfaces of all the Exchanges. https://www.kucoin.com/

DavorCoin – Similar business model to BitConnect, however their average daily interest payout is closer to 1.9% on average and they say that their profits are generated primarily through ICO investment. I’ve been using it and am happy so far. One interesting differentiator with DavorCoin is their staking that pays at around 10% per month just from holding the coin in their wallet, which might not be a bad move as the value of the coins keeps increasing due to the way their ecosystem is set up. I’d still give the lending a go, and if skeptical just throw in $100, set it to auto-reinvest and based on the power of compound interest (which is the main thing I like about these platforms) if the average rate of 1.9% holds up you would have $4,020 after 200 days and a crazy $89,300 after 1 year. Obviously if you put an extra 0 on your first Lend then the return profits would have an extra 0 on them.. In saying that, this one is pretty new, I wouldn’t put in anything I wasn’t prepared to lose. I’d say it’s medium/high risk, very high rewards so you would have to do what’s right for you based on your appetite for risk.  Again I’m happy to help with any questions about the program or getting started. DavorCoin.io/Register

Coinigy – This a trading tool that all the top traders use, what it does is connect to your exchange accounts through an API, and you are able to trade on any of your exchanges under one hood. The thing I like best about Coinigy is that you can set Stop-Limit orders through Coingy, but they wont place on the exchange until it hits your stop, that way it doesn’t lock your coins. When you use your normal exchange you can only place one stop-limit and your coins are locked in it. With Coingy you could set a Stop-Limit Sell 10% below your buy price AND a Stop-Limit Sell order say 35% above your buy price and they only execute on your exchange once the stop limit is reached. If you are a day-trader you can not live without Coinigy. It also gives you a chance to spot and explot good arbing opportunites as well (price differences across exchanges, eg Bitcoin $15.2k on Binance and $15.6k on Bittrex). Coinigy.com 

How to Buy Bitcoin in 5 Minutes – The Complete Easy Guide With Screenshots

bitcoin chart how to buy in australia

Hey guys! Everyone has been hearing about Bitcoin lately and this guide is about how to easily buy your first Bitcoin safely, quickly and easily.

This guide isn’t about how great Bitcoin is (which I could talk about for hours) but just a practical quick guide on how to buy some.

Over the past year Bitcoin has increased in value over 1600% and if you had of put in $100 5 years ago it would be worth over $50 million today.

The important thing to remember is you don’t need to buy a whole Bitcoin, you just choose how much you want to spend and you will get the relevant fraction of a coin, for example when I first bought Bitcoin, I purchased 0.10 of a Bitcoin (a tenth of a coin) for $390 USD (now worth $1500 USD).

bitcoin chart how to buy in australia
how to buy bitcoin in 5 minutes – 1yr chart

The good news is that it isn’t too late and there are prominent names in the space like John McCafee (the guy who started the antivirus software) who are predicting Bitcoin to go to $1 million per coin by 2020. There are only 16 million coins in existence and will only ever be 21 million. It’s currently sitting at a Market Cap (amount of money in it) of over $200 billion, with predictions from many experts it will at least double in the next year.

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bitcoin chart market cap future rich

How to buy Bitcoin

To buy Bitcoin you need to sign up to an exchange so you are able to turn normal money in crypto currency like Bitcoin.

The biggest and safest one in the world is Coinbase which is the easiest and fastest exchange. It’s a company based in California that is listed on the US Stock Exchange, and it’s the first place I bought Bitcoin as well.

This guide will show you step by step how to buy Bitcoin using Coinbase in Australia.  [Read more…]